Tyndall has appointed a new head of equities to replace Rickey Ward.

Mighty River Power has confirmed $300 million of unsecured subordinated capital bonds will be issued with an initial interest rate of 6.9% a year.

The government is asking for feedback from lenders, borrowers and brokers to help write a Responsible Lending Code.

Labour’s policy proposals for KiwiSaver will move the New Zealand system closer to the Australian one, one expert group says.

The Financial Markets Authority (FMA) has issued its first peer-to-peer lending service licence.

An economic think tank supports loan-to-income restrictions on borrowers rather than the LVR restraints imposed by the Reserve Bank.

In Mortgage Rates Radio this week Philip Macalister reckons the latest home loan specials aren't so special. Also he expresses some surprise that one economic think tank is advocating lending restrictions based on your income, rather than equity levels.

Some of you may have missed last week's Wrap which came out on Monday as we had been waiting for news about TNP and Ginger.

Kepa may have only just been formed through a merger of TNP and Ginger, but it is already looking at taking over other groups.

KiwiSaver has been the New Zealand’s most successful savings innovation in the last hundred years, the Financial Services Council says.